$8$

C

D

E

G

H

I

J

$L$

M

Assignment $1$

Please see the data in the next tab $("$Data & Template"$).$ For this data, please implement

a$)$ Holt$-$Winter's forecasting method $($please use the given values for alpha, beta and gamma $-$ do change them$),$ and

b$)$ the five$-$period moving average forecasting method.

Please answer the following questions: $$

What is forecast for period $51($March of Year $5)$ when Holt$-$Winter's method is used?

Answer: $$nits

What is forecast for period $51($March of Year $5)$ when the five$-$period moving average method is used?

Answer: $$ units

Which of these forecasts $[$see $1)$ and $2)]$ do you consider to be the better forecast for period $51?$ Please explain and justify your answer $(30-70$ words$)$

Answer: